US equities remained elevated, the S&P500 up 0.4% and the NASDAQ making a record high. However, US and European interest rates fell in response to weak PMI activity data.

Sentiment was upbeat amid positive news on US-China trade and the US debt ceiling. The S&P500 is up 0.7%, and the US dollar and US interest rates are higher.

US equities closed lower – the S&P500 down 0.6% - following news that Iran had seized a British oil tanker. US interest rates and the US dollar rose after official clarification of Fed NY President Williams’ earlier dovish comments.

The US dollar and US interest rates fell after Fed official Williams signalled significant easing is necessary. The S&P500 is up 0.3%, with an upbeat US business survey offset by mixed company earnings. UK’s Parliament voted to make a no-deal Brexit more difficult.

A slightly risk-averse mood overall. US equities slipped again amid mixed company earnings reports. Global interest rates fell as the risk of a hostile exit of the UK from the EU rose. The US dollar is slightly lower.

US equities fell after US President Trump said he could impose more tariffs on China. US interest rates and the US dollar rose after strong US retail sales data. The combined news sent AUD/USD and NZD/USD lower.

US interest rates fell slightly amid depressed expectations of the US quarterly company reporting season which commenced yesterday. The US dollar is slightly higher, while the S&P500 made a fresh record high but is currently unchanged.

US equities continued to benefit from the likelihood of lower Fed interest rates, the S&P500 up 0.5% to a fresh record high. US bond yields were little changed, torn between the prospect of a rate cut on 31 July and stronger PPI inflation data. The US dollar close slightly weaker.

US interest rates rose and the US dollar pared losses after US core inflation data beat expectations. The S&P500 is little changed, remaining near its record high. Fed Chair Powell’s testimony to Senate repeated the previous day’s assessment of risks.

Fed Chair Powell delivered a dovish testimony and caused US interest rates and the US dollar to fall. The S&P500 rose 0.4% to a record high.